University Calendar

he members of the Feliciano School of Business, Faculty Development and Research Committee invite you to its FSofB Research Colloquium.       

Title: Relativistic Arbitrage: The Financial Crisis of 2308 Author: Dr. David Axelrod, Department of Economics Date and Time:  April 13 - 1:30 p.m.Venue:  Room 380   Abstract: 
The presentation is intended to be a fun and intriguing speculation on what happens when banks are on high velocity space transports, where the effects of relativity cause appreciable time dilation. In such a case time moves slower on the ship than back on earth. The implication is that while the bank observes itself compounding interest as they have agreed to, they are observed by a customer back on earth compounding at a rate slower than agreed to, hence creating the potential arbitrage. Attendees are encouraged to bring their imagination and share their most creative ideas.

Author Bio: 

David Axelrod is an instructional specialist in the Economics Department at the Feliciano School of Business of Montclair State University. He has worked as an economist and consultant in the financial sector for about 20 years. His current research interests focus on the role of time in decision making and how it relates to issues of sustainability and behavioral economics Host (Department Representative): Dr. Ram Dubey - Department of Economics   Light refreshments and coffee will be served.  We look forward to your participation and questions. 

For further information about this event, please contact Dr. Vidya Atal atalv@mail.montclair.edu